GREY:GDPEF - Post by User
Comment by
BayStreetRaideron May 12, 2010 12:18pm
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Post# 17090260
RE: Fedrog...another thought
RE: Fedrog...another thoughtStockstuffer - nice inspirational pep talk. However, it all amounts to a lot wishful thinking.
First off, Canaccord can do whatever they want with their shares, just because they told GL management they will hold they are under no obligation to do so. GL management structured the deal and they are the fools who put themselves in this situation. Canaccord is only maximizing return for themselves, business is business.
Second, to withhold results and material information is very illegal. Even if you disguise it with excessive procedures, etc., Canaccord are not new to the game, they are not stupid. If GL management is stupid enough to do delay results out of spite, good luck finding new financing when the drilling money runs out....and it will run out.
It's very honorable for you to be giving GL management the benefit of the doubt. However, they clearly do not deserve any sympathy.